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Is Capital Trust (BXMT) Outperforming Other Finance Stocks This Year?

Zacks Equity Research

Investors interested in Finance stocks should always be looking to find the best-performing companies in the group. Capital Trust (BXMT) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? One simple way to answer this question is to take a look at the year-to-date performance of BXMT and the rest of the Finance group's stocks.

Capital Trust is one of 854 individual stocks in the Finance sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. BXMT is currently sporting a Zacks Rank of #1 (Strong Buy).

Over the past three months, the Zacks Consensus Estimate for BXMT's full-year earnings has moved 2.98% higher. This means that analyst sentiment is stronger and the stock's earnings outlook is improving.

Based on the most recent data, BXMT has returned 14.85% so far this year. Meanwhile, stocks in the Finance group have gained about 11.38% on average. This means that Capital Trust is performing better than its sector in terms of year-to-date returns.

Looking more specifically, BXMT belongs to the REIT and Equity Trust industry, which includes 30 individual stocks and currently sits at #239 in the Zacks Industry Rank. Stocks in this group have gained about 9.26% so far this year, so BXMT is performing better this group in terms of year-to-date returns.

Investors in the Finance sector will want to keep a close eye on BXMT as it attempts to continue its solid performance.


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